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McKinsey found that the typical HR department still spends 60% of their time on transactional human resources. In today's world of dynamic and constant change, that just won't do. You can't recruit and retain top talent if you spend most of your time keying new hire data into payroll or processing administrative tasks. You can't discover new insights about how labor costs are affecting your bottom line if you're too busy manually tracking time and attendance. You can't optimize benefits for a multigenerational workforce if you're stuck hand-holding employees through open enrollment. Get to the next level of HR with a combination of technology and expertise. Start by downloading the guide.

Paycor surveyed more than 700 CEOs, CFOs and HR leaders about employee engagement, turnover and their compliance practices. Download our latest report to see the results. Inside you’ll learn: Metrics HR can leverage to impact the bottom line The true causes of turnover according to executives and employees Five ways the right HR & payroll provider can minimize compliance risk Fill out the form below to access the full report: People Management, Perception vs. Reality

Payroll compliance can be extraordinarily complex and quite costly if not done right. Unless processes are in place to consistently apply pay policies, accurately calculate Fair Labor Standards Act (FLSA) overtime, and streamline administration of FMLA and other leave policies, you can leave your business vulnerable to litigation. If your company is audited or subjected to a lawsuit, are you sure you have the proper controls and processes in place to quickly provide accurate records and audit trails? Reducing overpayment, absenteeism and litigation are all areas of potential savings for every business. Automating the time and labor function can be the key to managing labor costs, but it also provides operational benefits. Decisions can...

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Benefits

Selecting the right benefits package can be one of the most important things you do, in the life of your employees, and in the life of your business. An attractive and smart benefits program can be a differentiator for your company, and it can be a highly effective recruiting and retention tool. Companies that get benefits right reap big rewards. But selecting the right benefits mix is not a "cut and paste" proposition, as there is no one-size-fits-all solution. Your workforce is diverse, it may very well be multigenerational, and so your employees will need and want different options. You'll need to choose wisely. Benefits can be expensive and once you offer a benefit, it's not easy to rescind the offer. In this guide, you'll learn...

We all hear it time and time again: With four generations composing today’s workforce (and Gen Z fast nipping at their heels), companies have a lot to consider when it comes to hiring and retention. A major key to retention, as we all realize, is a solid employee benefits plan. So, it’s important that you provide a program that appeals to your entire employee base. But when you’ve got to manage the expectations of so many different generations with differing needs, a one-size-fits-all benefits program simply isn’t going to cut it. What is the multi-generational workforce? When we talk about the generations making up most employee bases, we’re referring to these date ranges. No source can precisely agree on birth years, but generally...

Is your benefits program all it could be? The path to achieving excellence in benefits administration is a continual journey that evolves over three phases. Find out what phase you’re in and get a customized action plan. TAKE OUR QUIZ TO FIND OUT: Quiz will load down below shortly Content loading... Please enable javascript! Recruiting Benchmarking Quiz What’s preventing you from attracting and hiring top talent? To get to the next level, evaluate your team’s approach to benefits and open enrollment. Where are you losing time? What routine tasks are holding you back? Once you answer these core questions, you can devise a plan to leverage technology to drive efficiencies. Based on your responses, you’re in Phase 1: To get to the next...

People Management

Paycor surveyed more than 700 CEOs, CFOs and HR leaders about employee engagement, turnover and their compliance practices. Download our latest report to see the results. Inside you’ll learn: Metrics HR can leverage to impact the bottom line The true causes of turnover according to executives and employees Five ways the right HR & payroll provider can minimize compliance risk Fill out the form below to access the full report: People Management, Perception vs. Reality

Your resource to understanding where to invest resources as you build your own version of an ideal HR team. In this guide, we’ll: Outline an approach to building an HR team around three key functions: Talent Acquisition, Benefits Administration and HR Operations Dive into the responsibilities of each function and the key metrics that drive their success Consider when, where and why to invest in HCM technology Complete the form below to download the guide now and get started.

How well does your HR team manage and develop people? The path to achieving excellence in people management is a continual journey that evolves over three phases. Find out what phase you’re in and get a customized action plan. TAKE OUR QUIZ TO FIND OUT: Quiz will load down below shortly Content loading... Please enable javascript! People Management Quiz What’s preventing you from attracting and hiring top talent? To get to the next level, think about ways to streamline and automate all the workflows that go into the routine tasks of people management, so you can begin to focus on the more strategic aspects of motivating and developing your employees. Based on your responses, you’re in Phase 1: To get to the next level, learn the key...

As part of our commitment to help HR and business leaders make a difference in their organizations, we’ve published this compliance deep dive to help you stay current and effective in a fast-paced and changing world. Inside you’ll learn: How to maintain compliance with federal regulations through the employee lifecycle Potential violations to watch for and tips to avoid them Expert advice on how HR can mitigate risk Complete the form and get your 2019 Compliance Guide instantly.

Payroll compliance can be extraordinarily complex and quite costly if not done right. Unless processes are in place to consistently apply pay policies, accurately calculate Fair Labor Standards Act (FLSA) overtime, and streamline administration of FMLA and other leave policies, you can leave your business vulnerable to litigation. If your company is audited or subjected to a lawsuit, are you sure you have the proper controls and processes in place to quickly provide accurate records and audit trails? Reducing overpayment, absenteeism and litigation are all areas of potential savings for every business. Automating the time and labor function can be the key to managing labor costs, but it also provides operational benefits. Decisions can...

By Jason Lauritsen For most employees, the manager is their most important connection to the organization. Their manager is responsible for helping them understand their role, providing feedback, rating their performance, and often, making decisions about their compensation. The manager is also the employee’s main source of communication about things that might affect them or their job. This is why managers get a lot of attention in any discussion about employee engagement. The manager isn’t solely responsible for an employee’s engagement, but their actions and behavior can dramatically amplify or dampen it. For this reason, things that might seem insignificant to a manager can have a major impact on an employee. Below, I’ve outlined...

From first-day to feedback, well-planned onboarding is the first step to creating an engaged and productive workforce. First impressions are everything, and top performing companies know it. When it comes to onboarding employees, organizations have quickly realized that onboarding is an opportunity that’s not to be wasted. In fact, SHRM found that new hires who receive an excellent onboarding orientation are 69% more likely to stay at a company for at least three years. Onboarding is the process of helping new hires become familiar with their new company, understand job expectations and assimilate into workplace culture. Four Elements of Successful Onboarding Developing a formal onboarding process requires a written plan, detailed steps...

Labor Costs

Discover the data-driven way to master overtime planning Most organizations spend approximately 70% on “people costs” (e.g., wages, benefits, etc.). If you don’t have meaningful, actionable data on your biggest expense, you’re headed for disaster. As an example, take unplanned overtime, a problem that impacts pretty much everyone. Business leaders see it eating away at profits. HR sees it as a dangerous liability. And studies show people who work more than 40 hours a week increase their risk of burnout six-fold, in comparison to people who work less than 35 hours a week. Accurately Predict Unplanned Overtime with Data Analytics The only way to solve the problem is to be able to accurately and consistently forecast overtime expenses. And...

CFO

Human Resource’s top priorities include: finding the right people, getting them to join the team, onboarding, coaching, career development, and keeping everyone engaged and productive. These are areas where HR excels, and, of course, all of those things are profoundly important and necessary to the health of your organization. But, there’s also a big opportunity for HR professionals to add value to the financial side of the business. Start thinking about how different categories of workers — salaried, variable, seasonal — get paid and how best to maximize that spend. In other words, you need to supplement your HR knowledge and start thinking like your CFO. Here are some questions to consider: Are we overspending on labor? Labor costs are...

What role does HR play in labor costing? The path to achieving excellence in labor cost management is a continual journey that evolves over three phases. Find out what phase you’re in and get a customized action plan.. TAKE OUR QUIZ TO FIND OUT: Quiz will load down below shortly Content loading... Please enable javascript! Recruiting Benchmarking Quiz What’s preventing you from attracting and hiring top talent? To get to the next level, start thinking about how HR can partner with Finance to maximize your organization’s labor spend. Based on your responses, you’re in Phase 1: To get to the next level, continue to partner with Finance on more complex, and rewarding, labor cost management projects. Depending on your circumstances and...

How is it that 200 million people globally are available for hire, while 34% of companies around the world report having difficulty filling jobs? U.S. job openings jumped to a record high in January 2018, outpacing hiring, the latest indication that companies are having trouble finding employees who are qualified for the positions. Hiring managers in practically every industry are concerned about the lack of available talent. Several factors are contributing to the shortage. According to Gallup, about a third of today’s workforce is made up of 75 million Baby Boomers. The oldest Boomers turned 70 last year, and the youngest are in their early 50s. More than 44 million of them are still working, but InvestoPedia indicates that about...

What’s preventing you from attracting and hiring top talent? The path to achieving excellence in recruiting is a continual journey that evolves over three phases. To find out what phase you’re in and get a customized action plan. TAKE OUR QUIZ: Content loading... Please enable javascript! Recruiting Benchmarking Quiz What’s preventing you from attracting and hiring top talent? To get to the next level, consider assigning an owner to lead the recruiting function, get hiring managers more involved, and create efficiencies to give yourself time to step back and analyze what’s working and what’s not. Based on your responses, you’re in Phase 1: To get to the next level, become more familiar with the key performance indicators that can guide...